ain events in the quarter:

On 26 June the Company entered into a Litigation Funding Agreement with the
international specialist litigation fund Therium Litigation Funding IC and
resolved to carry out a fully underwritten rights' issue with gross proceeds of
NOK 30 million. The litigation funding agreement and equity issue secures EAM
Solar ASA's capability to pursue legal actions in the foreseeable future.


In May the Criminal Court of Milan ordered a conservative seizure on all assets
connected to Marco Giorgi and Igor Akhmerov, up to the total amount of Euro
33.062.632,62 in favour of EAM Solar ASA and EAM Solar Italy Holding S.r.l.


EAM achieved a record high power production in the first half of 2017, adjusted
for solar irradiation, due to improved technical operations.

Based on the record power production the EBITDA for the first half 2017 came in
at EUR 472k. Adjusted for legal costs normal operations yielded an EBITDA of EUR
1.2 million in the first half 2017, equivalent to an EBITDA margin of 58%.

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